Media Advisory: Payments Canada to Explore Future of Global Payments Industry at the 2021 SUMMIT

OTTAWA, ON, May 10, 2021 /CNW/ - Payments Canada is welcoming a high-profile roster of global payments, fintech, technology and business leaders to this year's annual payments conference, The SUMMIT.

Taking place virtually from May 31 to June 4, The SUMMIT will open with an interview featuring two of Canada's prominent female leaders in the finance sector - Tracey Black, President & CEO of Payments Canada, and Rania Llewellyn, President & CEO of Laurentian Bank of Canada and the first woman to lead a major Canadian financial institution.

"The global payments landscape has been evolving at an unprecedented pace. The COVID-19 pandemic has acted as an accelerator, driving a dramatic end user shift to digital payments. Add to that a global dialogue focused on fast, secure, convenient digital payment experiences, and there is much to explore at this year's SUMMIT," said Tracey Black, President and CEO of Payments Canada. "We are excited to host over 250 speakers, and to provide an opportunity for those in the payments community to learn from peers, discuss the dynamics in the marketplace and identify opportunities for innovation and collaboration across the ecosystem."

The SUMMIT allows participants to connect and discuss the future of payments, how Canada has a leading role to play in evolving the global payments ecosystem, and how this transformation will impact us as a nation, as an industry and as individuals.

The 2021 SUMMIT content themes include:

• Payments for global change
• The future of payments is digital
• The power of payments data
• Consumer payments
• Fintech in payments

Notable speakers at The 2021 SUMMIT include:

• Kalyani Bhatia, Head, Business Innovation, AM & UK, SWIFT
• Joni Brennan, President, Digital ID & Authentication Council of Canada
• Christine Day, Chief Technology & Information Officer, Questrade
• Senator Colin Deacon, Senate of Canada
• Dr. Taher Elgamal, CTO, Security, Salesforce
• Katrina Stuart, Head, Engagement, New Payments Platform Australia Limited

Additional content and speakers will be announced in the coming weeks. Subscribe for news and updates about our growing agenda.   

About Payments Canada

Payments Canada is a public purpose organization that owns and operates Canada's payments systems, the Large Value Transfer System (LVTS) and the Automated Clearing and Settlement System (ACSS). Payments Canada is responsible for the physical infrastructure and the associated bylaws, rules, and standards that support these systems. It also has a duty to promote the efficiency, safety, and soundness of Canada's payments systems while taking into account the interests of end users. In 2020, Payments Canada's systems cleared and settled over $107 trillion—more than $420 billion every business day. Transactions that pass through these systems include debit card payments, pre-authorized debits, direct deposits, bill payments, wire payments and cheques initiated and received by Canadians and Canadian businesses. Payments Canada is working closely with the payments ecosystem to modernize Canada's payments systems to ensure Canada and Canadian businesses remain globally competitive. Payments Canada will launch a new high-value payment system, Lynx, in 2021 and a real-time payment system, the Real-Time Rail (RTR), in 2022.

SOURCE Payments Canada

Members of the media are invited to attend. For complementary media passes or media inquiries, please contact Jessica Tropea, Senior Public Relations Specialist, [email protected].